Fundamentals of Acquisitions & Development Financing - 3 bldr credits

Perspectives and possibilities for developers looking to fund communities

Strategies will be explored…tailored to the individual class participants needs.  What costs need to be funded?  How long is the development process?  What are the unique requirements of municipalities?  What are common requirements of funding entities?  What challenges must be overcome to successfully finance a community? 

Session facilitator Mark Whitmire’s 35 years in the development business provides an uncommon depth of the advantages and pitfalls of different funding mechanisms as well as the hidden and known risks associated with development activities. Mark has spent the last 30 years as the Principal of various companies engaged in Land Investment, Commercial and Residential Development, Home Building and Real Estate Brokerage. His experience in the industry began 40 years ago. His primary focus was in the financial, operational and strategic execution of business plans. Mark’s involvement, participation and experience in the Industry proved particularly useful to many individuals outside of his companies during “The Great Recession” as he was able to assist and counsel struggling businesses to find the opportunities for survival and success. Beyond the Real Estate industry, Mark has been active sharing his talents and gifts in many ways. He served as a Member of the Board of Directors for an Orphanage and Senior Center for 3 years, Executive Mentor for 20 years, Musician in various churches and bands for most of his life and currently serves as Treasurer of The Galloway School Parents Association and Co-Chair of Development for The Galloway School.  Mark is married to Ladan and they have a son Thomas (Class of 2026 The Galloway School).  Mark believes in life-long learning, loves traveling and playing/hearing music. 

And lastly, a slight alteration of a Benjamin Franklin quote:  Don’t put off until tomorrow what you should have done yesterday!